An Assessment Of The Influence Of Fundamental Factors On Share Prices In Sri Lanka

Author : Sriyantha Fernando
Publisher : GRIN Verlag
Page : 86 pages
File Size : 41,5 Mb
Release : 2017-09-11
Category : Business & Economics
ISBN : 9783668521391

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An Assessment of the Influence of Fundamental Factors on Share Prices in Sri Lanka by Sriyantha Fernando Pdf

Master's Thesis from the year 2003 in the subject Economics - Finance, University of Kelaniya, course: Master of Commerce, language: English, abstract: This is a study on equity share valuation. In this work, the author studied the behavior of certain fundamental factors determining share price in Sri Lanka. It attempts to answer the following question: What is the empirical relationship between equity share price and factors like earning, growth, leverage, and risk and company size? To assess the relative influence of the above mentioned fundamental factors on share price the author used regression analysis with standard OLS assumption and continuous cross-section analysis was carried out with log linear regression model for the period 1993 through 2001. The sample consisted of 30 shares from a group of 239 shares of firms in all industries except the bank and insurance industry. On the basis of this study, the author found out that dividend appears a powerful influence on share than growth and retained earnings. Business risk and financial risk cannot to be assessed which are redundant variables. This means there are relatively free from major risk in Sri Lanka Stock Market. Company size is considerable influence on share prices in which large companies enjoy high value of share. On the basis of these findings I may make the following observation about the Stock Market in Sri Lanka.

Author : Sriyantha Fernando
Publisher : Unknown
Page : 108 pages
File Size : 40,6 Mb
Release : 2017-09-21
Category : Electronic
ISBN : 1522082719

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Fundamental Factors Determining Share Price in Sri Lanka by Sriyantha Fernando Pdf

In this work has tried to study the behaviour of certain fundamental factors determining share price in Sri Lanka. It attempts to answer this question:What is the empirical relationship between equity share price and factors like earnings, growth, leverage, risk and company size?To assess the relative influence of the above mentioned fundamental factors on share price I used regression analysis with standard OLS assumption and continuous cross-section analysis was carried out with log linear regression model for the period 1993 through 2001. The sample consisted of 30 shares a group of 239 shares of firms in all industries except the bank and insurance industry. On the basis of this study, it found;Dividend appears a powerful influence on share than growth and retained earnings.Business risk and financial risk cannot to be assessed which are redundant variables. This means there are relatively free from major risk in Sri Lanka Stock Market.Company size is a considerable influence on share prices in which large companies enjoy a high value of share.On the basis of these findings, it may make the following observation about the Stock Market in Sri Lanka."The market for equity shares is not very sophisticated in its valuation. It goes mainly by dividend and company size factors which are readily measurable. Factor like growth which is difficult to measure

Author : Adam Weintrit,Tomasz Neumann
Publisher : CRC Press
Page : 300 pages
File Size : 41,9 Mb
Release : 2013-06-04
Category : Computers
ISBN : 9781138001046

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Marine Navigation and Safety of Sea Transportation by Adam Weintrit,Tomasz Neumann Pdf

The TransNav 2013 Symposium held at the Gdynia Maritime University, Poland in June 2013 has brought together a wide range of participants from all over the world. The program has offered a variety of contributions, allowing to look at many aspects of the navigational safety from various different points of view. Topics presented and discussed at the Symposium were: navigation, safety at sea, sea transportation, education of navigators and simulator-based training, sea traffic engineering, ship's manoeuvrability, integrated systems, electronic charts systems, satellite, radio-navigation and anti-collision systems and many others. This book is part of a series of four volumes and provides an overview of Education and Training, Human Resources and Crew Resource Management, Policy and Economics and is addressed to scientists and professionals involved in research and development of navigation, safety of navigation and sea transportation.

Author : Seungho Jung,Jongmin Lee,Seohyun Lee
Publisher : International Monetary Fund
Page : 36 pages
File Size : 51,5 Mb
Release : 2021-10-22
Category : Business & Economics
ISBN : 9781557759672

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Geopolitical Risk on Stock Returns: Evidence from Inter-Korea Geopolitics by Seungho Jung,Jongmin Lee,Seohyun Lee Pdf

We investigate how corporate stock returns respond to geopolitical risk in the case of South Korea, which has experienced large and unpredictable geopolitical swings that originate from North Korea. To do so, a monthly index of geopolitical risk from North Korea (the GPRNK index) is constructed using automated keyword searches in South Korean media. The GPRNK index, designed to capture both upside and downside risk, corroborates that geopolitical risk sharply increases with the occurrence of nuclear tests, missile launches, or military confrontations, and decreases significantly around the times of summit meetings or multilateral talks. Using firm-level data, we find that heightened geopolitical risk reduces stock returns, and that the reductions in stock returns are greater especially for large firms, firms with a higher share of domestic investors, and for firms with a higher ratio of fixed assets to total assets. These results suggest that international portfolio diversification and investment irreversibility are important channels through which geopolitical risk affects stock returns.

Author : Muttukrishna Sarvananthan
Publisher : Unknown
Page : 116 pages
File Size : 44,8 Mb
Release : 2007
Category : Business & Economics
ISBN : STANFORD:36105131647039

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Economy of the Conflict Region in Sri Lanka by Muttukrishna Sarvananthan Pdf

Author : Michael G. Plummer,David Cheong,Shintaro Hamanaka
Publisher : Asian Development Bank
Page : 194 pages
File Size : 54,7 Mb
Release : 2011-02-01
Category : Political Science
ISBN : 9789290921974

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Methodology for Impact Assessment of Free Trade Agreements by Michael G. Plummer,David Cheong,Shintaro Hamanaka Pdf

This publication displays the menu for choice of available methods to evaluate the impact of Free Trade Agreements (FTAs). It caters mainly to policy makers from developing countries and aims to equip them with some economic knowledge and techniques that will enable them to conduct their own economic evaluation studies on existing or future FTAs, or to critically re-examine the results of impact assessment studies conducted by others, at the very least.

Author : Rim El Khoury
Publisher : Springer Nature
Page : 659 pages
File Size : 51,9 Mb
Release : 2024-06-30
Category : Electronic
ISBN : 9783031519970

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Technology-Driven Business Innovation by Rim El Khoury Pdf

Author : John W. Kensinger
Publisher : Emerald Group Publishing
Page : 256 pages
File Size : 50,8 Mb
Release : 2018-03-30
Category : Business & Economics
ISBN : 9781787432710

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Global Tensions in Financial Markets by John W. Kensinger Pdf

The volume first investigates the impact of macroeconomic variables on equity values in emerging economies as compared with developed economies. Next it affirms the efficiency of the Midcontinent Independent System Operator electricity exchange. Finally it investigates efforts to stimulate emerging nations around the world.

Author : National Intelligence Council
Publisher : Cosimo Reports
Page : 158 pages
File Size : 42,9 Mb
Release : 2021-03
Category : Electronic
ISBN : 1646794974

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Global Trends 2040 by National Intelligence Council Pdf

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Author : Jeffrey A. Gliner,George A. Morgan,Nancy L. Leech
Publisher : Psychology Press
Page : 474 pages
File Size : 53,7 Mb
Release : 2000-02
Category : Education
ISBN : 9781135677343

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Research Methods in Applied Settings by Jeffrey A. Gliner,George A. Morgan,Nancy L. Leech Pdf

The authors of this unique text found that while most students can "crunch" the numbers quite easily and accurately with a calculator or computer, many have trouble seeing the "big picture" or seeing how research questions and design influence data analysis. As a result, the authors developed a semantically consistent framework that integrates traditional research approaches (experimental, quasi-experimental, comparative) into three basic kinds of research questions (difference, associational, and descriptive), which, in turn, lead to three kinds or groups of statistics with the same names. This text: *helps students become good consumers of research by demonstrating how to analyze and evaluate research articles; *offers a number of summarizing diagrams and tables that clarify confusing or difficult to learn topics; *points out the value of qualitative research and how it should lead quantitative researchers to be more flexible; *divides all quantitative research questions into five logically consistent categories that help students select appropriate statistics and understand their cause and effect; and *classifies design into three major types: between groups, within subjects, and mixed groups and shows that, although these three types use the same general type of statistics (e.g., ANOVA), the specific statistics in between-groups design are different from those in within-subjects and mixed groups.

Author : T. Oyama
Publisher : International Monetary Fund
Page : 45 pages
File Size : 43,8 Mb
Release : 1997-09-01
Category : Business & Economics
ISBN : 9781451941616

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Determinants of Stock Prices by T. Oyama Pdf

This paper examines the general relationship between stock prices and macroeconomic variables in Zimbabwe, using the revised dividend discount model, error-correction model, and multi-factor return-generating model. Despite the large fluctuation in stock prices since 1991, this analysis indicates that the Zimbabwe Stock Exchange has been functioning quite consistently during this period. Whereas sharp increases in stock prices during 1993-94 were mainly due to the shift of risk premium that was caused by the partial capital account liberalization, the recent rapid increase in stock prices can be explained by the movements of monetary aggregates and market interest rates.

Author : Mr.Steven Phillips,Mr.Luis Catão,Mr.Luca Antonio Ricci,Mr.Rudolfs Bems,Ms.Mitali Das,Mr.Julian Di Giovanni,Ms.Filiz Unsal,Marola Castillo,Jungjin Lee,Jair Rodriguez,Mr.Mauricio Vargas
Publisher : International Monetary Fund
Page : 68 pages
File Size : 48,9 Mb
Release : 2014-01-13
Category : Business & Economics
ISBN : 9781484346785

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The External Balance Assessment (EBA) Methodology by Mr.Steven Phillips,Mr.Luis Catão,Mr.Luca Antonio Ricci,Mr.Rudolfs Bems,Ms.Mitali Das,Mr.Julian Di Giovanni,Ms.Filiz Unsal,Marola Castillo,Jungjin Lee,Jair Rodriguez,Mr.Mauricio Vargas Pdf

The External Balance Assessment (EBA) methodology has been developed by the IMF’s Research Department as a successor to the CGER methodology for assessing current accounts and exchange rates in a multilaterally consistent manner. Compared to other approaches, EBA emphasizes distinguishing between the positive empirical analysis and the normative assessment of current accounts and exchange rates, and highlights the roles of policies and policy distortions. This paper provides a comprehensive description and discussion of the 2013 version (“2.0”) of the EBA methodology, including areas for its further development.

Author : Ms.Nan Geng
Publisher : International Monetary Fund
Page : 24 pages
File Size : 44,6 Mb
Release : 2018-07-18
Category : Business & Economics
ISBN : 9781484369128

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Fundamental Drivers of House Prices in Advanced Economies by Ms.Nan Geng Pdf

House prices in many advanced economies have risen substantially in recent decades. But experience indicates that housing prices can diverge from their long-run equilibrium or sustainable levels, potentially followed by adjustments that impact macroeconomic and financial stability. Therefore there is a need to monitor house prices and assess whether they are sustainable. This paper focuses on fundamentals expected to drive long run trends in house prices, including institutional and structural factors. The scale of potential valuation gaps is gauged on the basis of a cross-country panel analysis of house prices in 20 OECD countries.

Author : Martin Kellermann
Publisher : World Bank Publications
Page : 275 pages
File Size : 44,8 Mb
Release : 2019-04-09
Category : Business & Economics
ISBN : 9781464813726

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Ensuring Quality to Gain Access to Global Markets by Martin Kellermann Pdf

In a modern world with rapidly growing international trade, countries compete less based on the availability of natural resources, geographical advantages, and lower labor costs and more on factors related to firms' ability to enter and compete in new markets. One such factor is the ability to demonstrate the quality and safety of goods and services expected by consumers and confirm compliance with international standards. To assure such compliance, a sound quality infrastructure (QI) ecosystem is essential. Jointly developed by the World Bank Group and the National Metrology Institute of Germany, this guide is designed to help development partners and governments analyze a country's quality infrastructure ecosystems and provide recommendations to design and implement reforms and enhance the capacity of their QI institutions.

Author : United States. Business and Defense Services Administration
Publisher : Unknown
Page : 80 pages
File Size : 42,6 Mb
Release : 1968
Category : Food industry and trade
ISBN : MINN:31951D032664778

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Food & Tobacco Manufacturing by United States. Business and Defense Services Administration Pdf